Reassessing Your Risk
COVID-19 has created unique and difficult challenges for the property & casualty market, with many employers calling on carriers to modify their business interruption policies and coverage. On the other hand, with a largely remote workforce, employer liability and workers' compensation look different than they did a few months back, and the market is working to keep up with new types of claims. This video segment will cover these issues and more, as broken down by our Senior Consulting Actuary and P&C Practice lead.
At a high level, and by design, the P&C insurance space was not meant to cover this sort of catastrophic, pandemic scenario we've all been experiencing. With that said though, there are issues at play where coverages are going to kick in, even if they weren't intended to.